The 2020 US Election betting markets are getting tighter and tighter. Last week Bernie Sanders dropped out of the Democratic nomination race, basically leaving Joe Biden with a clear run to the nomination.
So that has cleared up a lot really and Biden is currently at 1/20 odds-on to be the Democratic nomination, which is just a formality at this point it would seem* (betting odds taken from William Hill at 04:22 GMT on Saturday, 11th April 2020).
Cuomo not in the running
Despite the popularity of New York Governor Andrew Cuomo sky-rocketing for his leadership through the Coronavirus pandemic, the Governor has played down all talks of running for Presidency. He has however, been cut down to 25/1 to be the next US President
So come the election later in the year it is probably going to be the incumbent Donald Trump v Joe Biden.
US Presidential Winner 2020
With the waters now clearer as to who will be standing against Trump, the US Presidential Election 2020 Winner market has gotten really tight.
Trump is just hanging in there as the favourite at a quote of 5/6, but it is Biden who is now charging in hot, having been cut to 6/5 over the last few days* (betting odds taken from William Hill at 04:22 GMT on Saturday, 11th April 2020).
Just to put that into context, the market had Trump at around a 60% chance of winning the 2020 US Election in early March, and now that’s closer to a 50% chance in the implied probability. What will be interesting is watching the market to see if Biden takes the lead.
The election party lines
The same shift has been happening in the Winning Party Betting market for the US Presidential Election 2020 betting.
Bookmaker William Hill had both the Republicans and Democrats neck and neck at 10/11 early on Saturday morning* (betting odds taken from William Hill at 04:22 GMT on Saturday, 11th April 2020)
